Sentences with phrase «owner occupied properties held»

Not exact matches

If the property is bought as an owner occupied home, there is an associated risk wherein you are held legally responsible for a sizable mortgage loan on the home with a considerable risk should there be a decline in the housing market.

While property owners are usually held liable for any injuries caused by accidents that happen on premises, liability can also extend to renters and other parties with a legal right to occupy the land.

Owners who sell an investment property (one that's not owner - occupied) before they've held it for one year are required to treat the sale as a short - term capital gain and pay tax at ordinary income tax rates.

Like - kind exchanges can not be used for owner - occupied, residential real estate, but are a viable option for commercial property or residential property held as an investment.

Nearly US$ 3 trillion of the world's private wealth is held in owner - occupied residential properties.

«The strength of the RMI, especially in owner - occupied properties, shows that home owners are investing in remodels as home prices stabilize,» saysNAHB Remodelers Chairman George «Geep» Moore Jr., GMB, CAPS, GMR, a remodeler from Elm Grove, La. «As owners become more confident that investments in housing will hold their value, they are beginning to undertake projects to improve their comfort that they had been putting off.»